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Cloverdale, B.C., strata warehouse space fetches $3.25M

Two units covering nearly 5,000 square feet in Surrey’s Cloverdale industrial zone sold for $438,000 over assessed value
Fraser Elliott Commercial, Vancouver, for Western Investor

Property type: Strata Industrial

Location: 304-305, 19055 54 Avenue, Surrey B.C.

Size of property: “Nearly 5,000 square feet

BC Assessment Value: $2.81 million

List price: $3.38 million

Sale price: $3.25 million

Date of sale: July 27, 2023

Brokerage: Fraser Elliott Commercia, Vancouver

Broker: Fraser Elliott and team